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CROWN CASTLE INC. — Director's Dealing 2018
Feb 21, 2018
30060_dirs_2018-02-21_0103b8cf-3a2c-41fd-b284-349981834bcd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CROWN CASTLE INTERNATIONAL CORP (CCI)
CIK: 0001051470
Period of Report: 2018-02-19
Reporting Person: SCHLANGER DANIEL K (SVP, CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-19 | Common Stock $0.01 Par Value | M | 2712 | — | Acquired | 11386 | Direct |
| 2018-02-19 | Common Stock $0.01 Par Value | M | 2836 | — | Acquired | 14222 | Direct |
| 2018-02-19 | Common Stock $0.01 Par Value | F | 1370 | $109.12 | Disposed | 12852 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-19 | Time RSUs | $ | M | 2712 | Acquired | Common Stock (2712.0) | Direct | |
| 2018-02-19 | Time RSUs | $ | M | 2836 | Acquired | Common Stock (2836.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock $0.01 Par Value | 118 | Indirect |
Footnotes
F1: Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person. Such withholding is exempt from Section 16 (b) pursuant to Rule 16b-3(e).
F2: Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
F3: Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2013 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to (i) the reporting person remaining an employee or director of the Company or its affiliates and (ii) the other criteria described in the footnotes below.
F4: These Time RSUs were previously granted on April 1, 2016. 33 1/3% of the original grant amount of these Time RSUs vests on February 19 of each of 2017, 2018 and 2019.
F5: These Time RSUs were previously granted on February 16, 2017. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2018, 2019 and 2020.